RealMatch opened shop at Swig Equities 90 Broad Street.
The tenants have made the move to the Financial District to expand their recruitment ad network services. The firm will lease a 4,800 square foot unit on the 22nd floor of the building that was customized to their usage.
“We had to customize the unit,” said John Ryan III, a managing director at Jones Lang LaSalle. “There is entirely new paint and carpets and we renovated some of the existing conditions.”
Edward DiTolla, John Ryan III, and Scott Cahaly of Jones Lang LaSalle represented the landlord and Kenneth Salzman of Lee & Associates represented the tenant. The lease was set for five years and the asking rent was $35 per square foot.
In recent years, the building has had little availability, but recent construction have opened up two full floors. Mr. Ryan III noted that the “entire 12th and 14th floor have received tremendous activity since [Swig] demo’d them four months ago.”
Swig Equities is one of the most active acquisition and management real estate firms in the Financial District. Within the past decade, Swig has purchased and developed over three billion dollars worth of properties and over four million square feet. Its downtown properties include 44 Wall Street, 48 Wall Street, 80 Broad Street, and 110 William Street. The company also ventures into luxury residential properties and owns the Sheffield as well as 25 Broad Street.